ReneSola (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York. In the future, the Company will leverage its global presence and solid experience to drive sustainable green energy development with attractive returns.
History
Founded in 2005, and listed on the New York Stock Exchange in 2008. In 14 years, ReneSola has gone form being a local maker of wafer to a international leading solar project developer. We aim to deliver competitive and sustainable solar energy globally; we are committed to use our innovative integration and reliable technology to protect the environment and to improve quality of life.
Independent Power Producer (or "IPP") Business
We started our IPP business by owning and operating solar power projects and selling electricity generated by these solar power projects. We have tried to build our business as an IPP to develop and operate DG projects in well-developed regions, and focus on projects with credit worthy Commercial and Industrial (C&I) off-takers or favourable FiT/PPA.
Other Business
Leveraging our global presence and solid knowledge of the local energy policies, we also provide other professional services such as EPC business includes engineering design, procurement of solar modules, and construction contracting and management etc. Additionally, entering into development service agreement to offer third party with project development related services that specializes in the development, construction, operation, financing and maintenance of solar plants is another business that we are good at.
United States: Small Utility and Community Solar Projects
ReneSola is focused on the development of solar projects. As of June 30, 2019, the Company successfully completed 745 MW of solar power projects, and is operating approximately 241 MW solar power projects globally. Our Project Development business targets a number of countries and regions where the solar power project markets are growing rapidly now, and should sustain that growth due to improved clarity around government policies. We have built local professional teams in more than 10 countries around the world, and our business spreads across the U.S., Canada, China, Poland, Hungary, Spain, France and other emerging markets in Southeast Asia.
Company Name | ReneSola Power |
Business Category | Renewable Energy |
Address | 850 Canal Street Suite 3D Stamford United States ZIP: 06902 |
President | NA |
Year Established | 2005 |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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Name | Position | Contact Details | Subscribe to view |
*** | Chief Executive Officer | Locked content | |
*** | Chief Financial Officer and Board of Director | Locked content | |
*** | Vice President of Investment and Board of Director | Locked content | |
*** | CEO of North America | Locked content | |
*** | CEO of European Region | Locked content | |
*** | President of China Region and Board of Director | Locked content |